Board reports $18 million deficit for 2023 fiscal year

DeKALB – An $18 million operating deficit for the fiscal year 2023 was reported by NIU’s Finance, Audit, Compliance, Facilities and Operations Committee.  The deficit of $18,563,414 is in part the result of the university earning $4.6 million less than budgeted in revenue from Sales and Miscellaneous and Investment income in its structural budget. The...

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